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Tuesday, February 25, 2014

How Leftists Fly

Since natural laws don't apply on the left, they simply grab their bootstraps and pull ... and then they fly! If you don't believe they fly, you are obviously a "denier" and should perhaps have your taxes audited!

See, the Republicans are complaining that the CBO says that raising the minimum wage will cost 500K jobs. They believe in the old time economics where each person employed has to bring in enough money to cover their wages, government mandated taxes, possible government mandated benefits or fines like BOcare, PLUS add enough profit to the bottom line to make it worthwhile to hire them.

But here is how they propose to "improve the economy" via the bootstraps from here:

The first thing to do is extend the long-term unemployment benefits that expired at the end of last year. According to the CBO -- whose word, apparently, is now holy writ among Republicans -- this simple measure would add 200,000 jobs, perhaps as many as 300,000.

Then ...

The CBO has estimated that canceling the across-the-board reductions in federal spending known as "sequestration" would preserve 900,000 jobs a year.

and top it all off ...

That gives us more than 1 million jobs to replace the 500,000 lost from hiking the minimum wage. But Republicans wouldn't want to stop there. To maximize employment, putting as many people to work as possible, the GOP should obviously begin designing a new economic stimulus package, much like the stimulus Obama convinced Congress to approve five years ago.

According to the CBO, the $800 billion stimulus -- much maligned by Republicans as a waste of money -- created or saved an average of 1.6 million jobs per year from 2009 through 2012. Now that most of the money is spent and the impact of the stimulus is waning, clearly it's time to give job-creation another boost.

Got that??? We have EIGHT MILLION LESS people employed than we did at the top of the last cycle, with millions more americans in the workforce, at least partially due to the policies that Democrats think are "helpful", and the way to get more jobs is to just spend more and more government money! You CAN fly by pulling on your bootstraps!!

If only Democrats would become so convinced of their wisdom that they would jump off a cliff tugging on their bootstraps one by one until somebody had a "learning moment"!